West Natuna Exploration Limited (WNEL), a majority-owned subsidiary of Singapore-headquartered natural gas player Conrad Asia Energy, has taken a step to secure future gas supply by greenlighting a final investment decision (FID) for a natural gas field in the West Natuna Sea off the coast of Indone
Following the completion of testing, Italian cabling giant Prysmian revealed it was ready to launch the new global standard for high voltage direct current (HVDC) submarine cable systems qualifying the use of 525 kV cables at an increased operating temperature of up to 90°C. Founded on the higher wi
Israel’s Navitas Petroleum has locked in the increase of its oil and gas footprint off the coast of the Falkland Islands by firming up a deal to get a lion’s share in a license within the North Falkland Basin.
Malaysia’s Velesto Energy, owner of premium jack-up rigs, has landed a multi-year drilling assignment for one of its rigs with Petronas Carigali, a subsidiary of the Asian country’s energy giant Petronas.
Greece’s Asso.subsea has signed the shipbuilding contract with China Merchants Heavy Industry (CMHI) for the construction of a second next-generation trenching support vessel (TSV), sister to the one announced in September 2025. The TSV Andromeda will be built at CMHI’s Shenzhen Shipyard, where the
As the closure of the Strait of Hormuz, through which 15% of global oil and 20% of global liquefied natural gas (LNG) supply flows, evokes fears of a major energy shock, analysts at Wood Mackenzie, an energy intelligence group, have warned that oil prices could surge past $100 a barrel (bbl), if flo
MET International, the trading and wholesale arm of Switzerland-headquartered energy company MET Group, and Shell Global LNG Limited have signed a non-binding memorandum of understanding (MoU) to expand their existing long-term cooperation in LNG and gas trading. The agreement provides a framework f
OceanSTAR Engineering Holding, part of Singapore-headquartered OceanSTAR Elite group of companies, has secured a new deal with Petronas Carigali (PCSB), a subsidiary of Malaysia’s energy giant Petronas, for the provision of lease, operation and maintenance of a floating production, storage, and offl
European shipping company RFOcean has signed a binding long-term off-take agreement with ETFuels to purchase e-methanol at a fixed price from 2030. According to ETFuels, the agreement positions RFOcean ahead of binding and punitive new EU maritime emissions rules, the FuelEU Maritime regulation, whi
Norwegian energy data and intelligence company TGS has hired two platform supply vessels (PSVs), managed by Norway’s shipping company, Remøy Shipping.
Intermoor, Acteon’s Moorings and Anchors business line, has secured a three-year contract with Brazil’s oil & gas giant Petrobras for stack-up mooring system services in Brazil. The multi-million-dollar contract will see the provision of work to support light-workover interventions and abandonment o
Norway-headquartered Kongsberg Maritime has signed a memorandum of understanding (MoU) with Indonesia’s state-owned and largest shipyard, PT PAL Indonesia, to work on advancing energy efficiency and decarbonization across the country’s maritime sector. Kongsberg Maritime said that the agreement repr
A consortium of Boskalis and TKF has signed a contract with Skyborn Renewables for the supply and installation of inter-array cables for the Gennaker offshore wind farm in Germany. Under the contract, the consortium will deliver the complete inter-array cable system connecting the 63 Gennaker wind t
A consortium of AF Offshore Decom, part of AF Gruppen, and Heerema Marine Contractors (HMC) has secured a contract for the engineering, preparation, removal and disposal (EPRD) of a North Sea platform on the UK Continental Shelf (UKCS). The platform’s topsides weigh approximately 27,500 tons and the
